Leicester City’s young midfielder Wilfred Ndidi is the most valuable player at the club, according to new figures just released.

The 20-year-old Nigerian was bought for £15million in January from Belgium side Genk and has been a regular fixture in the squad ever since.

New figures from the Football Observatory, a Swiss-based international centre for sports studies, now place his value at a staggering 55.4million euros.

Striker Jamie Vardy is valued at 50m euros and wantaway Algerian star Riyad Mahrez’s value is put at 49m euros, which is the price City put on his head this summer for a move away from the King Power Stadium.

The Football Observatory claims to use a scientific method to value players taking into account the type of club likely to be interested in that player.

Wilfred Ndidi and Mame Diouf battle for during the Premier League match between Stoke and Leicester City. (Photo by Michael Regan/Getty Images)

It also analyses data from OptaPro to measure the player’s performance and takes into account the player’s age, length of contract and the current state of the transfer market.

This is why the likes of Shinji Okazaki, Robert Huth and Leonardo Ulloa, who are all aged over 30, and Andy King, who is 29, are towards the bottom of the list.

The total value of City’s squad is put at 417million euros by the Football Observatory, which ranks it as the 19 most valuable in Europe.

The most expensive player in Europe is unsurprising PSG’s Neymar at 216m euros closely followed by Tottenham’s Harry Kane at 186m euros.

Top 20 valued players at the King Power Stadium (all euros)

1.Wilfred Ndidi 55.4m

2. Jamie Vardy 50m

3. Riyad Mahrez 49m

4. Harry Maguire 31.6m

5. Demarai Gray 23m

6. Islam Slimani 22.1m

7. Marc Albrighton 19.4m

8. Kasper Schmeichel 19.3m

9. Kelechi Iheanacho 19m

10. Daniel Amartey 18.2m

11. Ahmed Musa 14.6m

12. Vicente Iborra 11.6m

13. Ben Chilwell 11m

14. Wes Morgan 9.7m

15= Christian Fuchs 8.4

15=Danny Simpson 8.4m

17. Shinji Okazaki 7.9m

18. Andy King 6.6m

19. Robert Huth 6.5m

20. Leo Ulloa 2.3m

Top 20 clubs in Europe, their squad values and highest value players (all in euros)

Manchester City 1,196m (Top valued player: Kevin De Bruyne 145m)

Tottenham 1,173m (Harry Kane 186m)

Barcelona 1,130m (Luis Suarez 134m)

Chelsea 1,044m (Eden Hazard 121m)

Manchester United 919m (Romelu Lukaku 165m)

Real Madrid 903m (Cristiano Ronaldo 96m)

Liverpool 901m (Mohammed Salah 101m)

PSG 864m (Neymar 218m)

Atletico Madrid 800m (Antoine Griezmann 147m)

Juventus 743m (Paulo Dybala 166m)

Napoli 721m (Lorenzo Insigne 105m)

Arsenal 666m (Alexandre Lacazette 89m)

Bayern Munich 624m (Robert Lewandowski 102m)

Monaco 604m (Thomas Lemar 97m)

Roma 595m (Ragja Nainggolan 75m)

Dortmund 482m (Christian Pulisic 84m)

AC Milan 457m (Gianluigi Donnarumma 59m)

Inter Milan 445mm (Mauro Icardi 96m)

Leicester City 417mm (Wilfred Ndidi 55.4m)

RB Leipzig 397m (Timo Werner 90m)

Other Premier League clubs, where they are in top 100, highest player players (all in euros)